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The Latest Breaking News from Joe Tsai

Meet billionaire Clara Wu Tsai, who turned the Liberty into a $600 million team and now plans to fund guaranteed income for Brooklyn moms

The Nets and Liberty co-owner has spent six years funding loans, startups, basketball courts, and arts programs in Brooklyn. Critics say the spending is hard to track.

Fortune · 19h ago

Why Billionaire Founder Jack Ma Just Bought $76.5 Million Worth of Alibaba Stock

Jack Ma’s $76.5 million Alibaba stock purchase is giving investors a fresh reason to reconsider the company’s aggressive AI bet amid mounting spending and renewed insider confidence.

Barchart · Aug 30

Alibaba Is Betting Another $10 Billion On AI. Investors Aren't Sold Yet And Its Stock Fell.

Alibaba's Hong Kong shares fell as much as 10.5% on Monday.

International Business Times · Aug 24

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Apple trains its own AI model for China market with Alibaba's support

The AI model was developed in partnership with Alibaba Group and trained with the Chinese tech giant's support, the people said, declining to be named as the information is sensitive and not public.

The Economic Times · Aug 14

Alibaba cofounder tells aspiring entrepreneurs that picking a team you’d spend “24/7 with” should be their first priority—not work-life balance

Alibaba cofounder Joe Tsai admits the work-life balance lines will blur with success, especially if you pick the right team—a view shared by billionaires like Jack Ma and Warren Buffett.

Fortune · Feb 24

Alibaba's Cloud Was Born Out Of 'Necessity,' Says Chairman Joe Tsai — Dependence On US Vendors Threatened 'All Of Our Profits'

Speaking at the HKU Business School Edward K Y Chen Distinguished Lecture, Alibaba Group Holdings (NYSE:BABA) chairman Joe Tsai said the company built its cloud business out of urgent need—not strategy—as rising reliance on U.S. technology vendors put its future profitability at risk.

Benzinga · Dec 1, 2025

Alibaba Opens Second Dubai Data Center To Boost AI Adoption

Alibaba Group (NYSE:BABA) recovered its losses from Tuesday in Wednesday premarket trading, supported by its ongoing push into artificial intelligence (AI).

Benzinga · Oct 15, 2025

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Alibaba's Joe Tsai Pushes Back On US-China 'AI Race' Rhetoric: 'Why Would Any One Country...'

Alibaba Group Holding Ltd (NYSE:BABA) Chairman Joe Tsai shared his thoughts on the U.S.-China AI competition this week, suggesting that the U.S. should reconsider its approach.

Benzinga · Oct 10, 2025

How Alibaba Cloud Plans To Turn NBA Games Into AI-Powered Fan Experiences

Alibaba Cloud, the digital technology arm of Alibaba Group (NYSE:BABA), and NBA China have launched a landmark, multiyear partnership set to fundamentally transform fan engagement across China.

Benzinga · Oct 9, 2025

What Taylor Swift taught RBC CEO Dave McKay

Also: All the news and watercooler chat from Fortune.

Fortune · Sep 29, 2025

Chinese Stocks See Broad Rally As US Eases Chip Curbs

U.S.-listed Chinese stocks, including tech giants Alibaba Group Holding (NYSE:BABA), PDD Holdings (NASDAQ:PDD), JD.com (NASDAQ:JD), and Baidu (NASDAQ:BIDU), experienced significant gains on Tuesday.

Benzinga · Jul 15, 2025

Alibaba Streamlines Leadership Amid AI and Global Push

Number of partners reduced from 26 to 17 as Alibaba sharpens focus on revitalizing growth

Caixin Global · Jun 26, 2025

Nvidia Stock Is Plunging on Trump’s Export Restrictions: Time to Buy?

Nvidia stock is trading sharply lower today after the Trump administration barred the company from exporting its H20 chips to China. Should you buy the dip?

Barchart · Apr 16, 2025

Alibaba's chair issues 'bubble' warning about U.S. AI investments

Joe Tsai took aim at the $500 billion attached to OpenAI's Stargate project—and the idea of investors building data centers "on spec."

Fortune · Mar 25, 2025

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Fortune · Mar 12, 2025

China’s way to drive economic growth is getting consumers to unleash $20 trillion of rainy-day savings, says Alibaba chair Joe Tsai

Tariffs and geopolitics mean China can’t count on exports for growth anymore, but restoring consumer confidence could allow domestic consumption to become a growth driver.

USA Today Sports Media Group · May 26, 2024

Nets owner Joe Tsai hints at longer-term approach, which could benefit Rockets’ future draft picks

Brooklyn’s sudden emphasis on taking a longer-term approach could benefit Houston, which owns first-round draft assets from the Nets through 2027.

International Business Times · Apr 10, 2024

Jack Ma Breaks Silence, Endorses Alibaba's Restructuring Efforts

Jack Ma breaks years of silence to endorse Alibaba's comprehensive restructuring, praising the company's leadership.

Brooklyn Nets Owner Joe Tsai Considering Selling Minority Stake

Brooklyn Nets owner Joe Tsai in talks to sell minority stake to Koch family's 1888 Management, with potential implications for team's future.

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Fortune · Dec 20, 2023

Alibaba is replacing its e-commerce head after just nine months in the job as it tries to beat back Pinduoduo- and Temu-owner PDD

Eddie Wu, Alibaba Group CEO, is now taking direct control over the tech giant's e-commerce division.

The Independent UK · Dec 20, 2023

China's Alibaba names CEO Eddie Wu to head its e-commerce business as its growth falters

China's Alibaba Group says its CEO Eddie Wu will head its core e-commerce business, as the company seeks to drive growth and fend off fast-growing online shopping rivals like Pinduoduo

Fortune · Oct 20, 2023

New York Liberty owner Clara Wu Tsai gave her team NBA-like amenities

Wu Tsai and her husband Joe Tsai, Alibaba's chair, bought the New York Liberty in 2019.

USA Today Sports Media Group · Oct 16, 2023

Liberty set ticket record after Mike Wilbon wrongly said Barclays Center had ‘worst’ home-court advantage

Mike Wilbon belongs on @OldTakesExposed for these comments.

Chicago Sun-Times · Mar 22, 2023

Michael Jordan considering selling stake in the Hornets

Jordan is the NBA’s only Black owner. He purchased the expansion team from Bob Johnson for $180 million in 2010. The team had a net worth of $1.7 billion after the 2021-22 season, according to Forbes.

Tribune News Service · Feb 9, 2023

Inside the downfall of the Nets’ Kevin Durant-Kyrie Irving era

NEW YORK — Kevin Durant and Kyrie Irving chose the Nets. Not the other way around.

USA Today Sports Media Group · Feb 8, 2023

Draymond Green calls Nets owner Joe Tsai ‘petty’ for not trading Kyrie Irving to the Lakers

Draymond Green seems to care a lot considering he doesn't play for either team.

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